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Kenya Airways...why ignore..
ArrestedDev
#6081 Posted : Sunday, October 16, 2016 7:16:26 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
VituVingiSana wrote:
Wow! http://www.theeastafrica...8194-qtvp0lz/index.html

One of the BEST decisions I made was to bail out of KQ when I stopped trusting the Board/Management. No wonder Naikuni and Mbugua had minimal shares in KQ. They were stealing together with the other managers.

Good luck to anyone who has shares in KQ.

*What a pity that GoK increased its exposure to KQ. Those who approved the bailout should be sacked.*


All these had been exposed by the Standard. Alex and Ngunze knew this blatant plunder and outright mismanagement of the Airline, If their masters are siphoning billions through SPVs then why not them. They should also put their hands in the honey jar, period.

The first step of cleansing this airline is to kick out Ngunze then followed by all his appointees.
obiero
#6082 Posted : Sunday, October 16, 2016 7:17:02 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
VituVingiSana wrote:
Wow! http://www.theeastafrica...8194-qtvp0lz/index.html

One of the BEST decisions I made was to bail out of KQ when I stopped trusting the Board/Management. No wonder Naikuni and Mbugua had minimal shares in KQ. They were stealing together with the other managers.

Good luck to anyone who has shares in KQ.

*What a pity that GoK increased its exposure to KQ. Those who approved the bailout should be sacked.*

We await another week of share price appreciation. KES 5 likely to be visited
COOP, IMH, KEGN, KQ, MTNU
ArrestedDev
#6083 Posted : Sunday, October 16, 2016 7:21:59 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
Wow! http://www.theeastafrica...8194-qtvp0lz/index.html

One of the BEST decisions I made was to bail out of KQ when I stopped trusting the Board/Management. No wonder Naikuni and Mbugua had minimal shares in KQ. They were stealing together with the other managers.

Good luck to anyone who has shares in KQ.

*What a pity that GoK increased its exposure to KQ. Those who approved the bailout should be sacked.*

We await another week of share price appreciation. KES 5 likely to be visited


The week will be a tough one. No appreciation to be recorded. The strike will paralyze the operations fully. Everyone is playing hard ball for the god fathers to continue raking in super profits at the expense of employees, safety, customers, the other shareholders and all other stakeholders including the suppliers of essential services.
ArrestedDev
#6084 Posted : Sunday, October 16, 2016 7:37:27 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
This is how the mess being overseen by Ngunze looks like. It fully explain why KQ is in the red since 2010. Gerard Clarke left, Mbuvi Ngunze should depart.



Spikes
#6085 Posted : Sunday, October 16, 2016 8:27:16 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
ArrestedDev wrote:
This is how the mess being overseen by Ngunze looks like. It fully explain why KQ is in the red since 2010. Gerard Clarke left, Mbuvi Ngunze should depart.







What is exposed here still continues at KQ . Right now is worse than the above mess. Guys now know they are leaving. Looting must be executed to the maximum to compensate for being out of employment.

John 5:17 But Jesus replied, “My Father is always working, and so am I.”
ArrestedDev
#6086 Posted : Sunday, October 16, 2016 8:30:58 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
Spikes wrote:
ArrestedDev wrote:
This is how the mess being overseen by Ngunze looks like. It fully explain why KQ is in the red since 2010. Gerard Clarke left, Mbuvi Ngunze should depart.







What is exposed here still continues at KQ . Right now is worse than the above mess. Guys now know they are leaving. Looting must be executed to the maximum to compensate for being out of employment.



The more time they are allowed to remain, the more damage. Go go go go go KALPA, uproot Ngunze on Tuesday.
MadDoc
#6087 Posted : Sunday, October 16, 2016 9:34:22 AM
Rank: Member

Joined: 10/26/2015
Posts: 151
ArrestedDev wrote:
This is how the mess being overseen by Ngunze looks like. It fully explain why KQ is in the red since 2010. Gerard Clarke left, Mbuvi Ngunze should depart.





I'm curious. Did KQ really need Mckinsey before an audit was done?
maka
#6088 Posted : Sunday, October 16, 2016 9:44:16 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
@Obiero this might be the airlines worst week...just check today morning flights...a couple have been cancelled and sign of things to come.Tuesday if allowed to happen will be HELL.
possunt quia posse videntur
maka
#6089 Posted : Sunday, October 16, 2016 9:48:49 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
maka wrote:
@Obiero this might be the airlines worst week...just check today morning flights...a couple have been cancelled and sign of things to come.Tuesday if allowed to happen will be HELL.


Cancellations are being done now when passengers are at the airport.
Flight ya mombasa ya 0600hrs cxd and combined with ya 0830hrs
4 other international flights are "to be notified"
possunt quia posse videntur
ArrestedDev
#6090 Posted : Sunday, October 16, 2016 9:59:33 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
MadDoc wrote:
ArrestedDev wrote:
This is how the mess being overseen by Ngunze looks like. It fully explain why KQ is in the red since 2010. Gerard Clarke left, Mbuvi Ngunze should depart.





I'm curious. Did KQ really need Mckinsey before an audit was done?


It wasn't needed and it is not needed even now. Only a competent management is required. Alex was another dunderhead who was corrupt to the core.
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